Plan Ledger DOL Form 5500 · updated monthly

The Launchcode Foundation401(k)

LAUNCHCODE 401(K) PLAN · SAINT LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.43%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

The Launchcode Foundation reported $9,233 in plan administrative expenses for 2023: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,566 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.48% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,223rd of 1,393), and 9,651st of 11,911 in health care & social assistance. In 2023, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,485,482
Participants with balances123
Active participants122
Employer contributions$313,030
Employee contributions$398,069
Employer contribution per active participant$2,566
Average account balance$20,207
Benefits paid to participants$375,209
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 123 accts · $313K emplr
2022$1.8M · 361 accts · $244K emplr
Administrative expenses, itemized · 2023
Investment management$9,233
Total administrative$9,233
The The Launchcode Foundation 401(k) match · 2023
Employer contribution per active participant$2,566
Median for plans this size$1,308
2023$2,566 per active participant
2022$2,391 per active participant

The Launchcode Foundation's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GUIDELINE, INC. · Recordkeeping · Consulting$9,198

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$9,233 · 0.43%
2022$9,011 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Manor Grove MO$2.7M · 0.01%
Guadalupe Centers, Inc. MO$2.6M · 0.70%
Steadymd, Inc. MO$2.5M · 0.67%
Provident, Inc. MO$2.5M · 1.20%
The Whole Person Inc. MO$2.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471718432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.